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Monday, January 9, 2017

Jonathan, Diezani Mentioned in Italian Kickback Probe


Italian prosecutors have alleged that Nigeria’s former president Goodluck Jonathan and his oil minister received kickbacks as part of a $1.3 billion deal involving oil giants ENI and Shell.
Court documents filed late last month in the city of Milan and seen by AFP outline a case against 11 people, including senior executives from the two oil majors and the companies themselves.
Jonathan, who left office in May 2015, and Diezani Alison-Madueke, his long-time petroleum minister who was also the first woman president of OPEC, do not feature on the list.
But they are alleged to have played a central role in the deal, which saw ENI and Shell make a $1.3 billion payment in 2011 for an offshore oil block in Nigeria.

No formal charges have been brought and the parties usually have 20 days to respond to the conclusion of the preliminary investigation report before any formal prosecution.
ENI chief executive Claudio Descalzi and his predecessor Paolo Scaroni met Jonathan “in person” to thrash out the deal, which also involved former British intelligence agents working as advisors for Shell, it was alleged.
Prosecutors allege ENI and Shell executives worked with Nigerian businessman Dan Etete, who was oil minister under the military ruler Sani Abacha from 1995 to 1998.
Etete’s company Malabu was the “fraudulent holder” of the OPL 245 block, according to the court documents.
After talks in Milan and Abuja, the block was bought illegally by the oil majors in contravention of domestic laws, “without competitive tendering” and with “full, unconditional exemption from all national taxes”, prosecutors said.
A total of $801.5 million was allegedly transferred to Etete’s Malabu accounts, of which $466 million was converted into cash in Nigeria and used for remunerating government officials, including Jonathan and Alison-Madueke, prosecutors said.
A further $54 million was withdrawn by Abubakar Aliyu, whom prosecutors describe as an “agent” of Jonathan.
The beneficiaries of the money went on a shopping spree buying “property, aeroplanes, armoured cars,” prosecutors added

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